RANGERS have rejected Dave King's cash offer to cover the cost of their potential withdrawal from the controversial Sydney Super Cup trip.

Herald and Times Sport revealed this week that the former chairman had made a move that could have allowed the Ibrox board to save face with supporters amid the ongoing storm over the jaunt Down Under.

The Light Blues hierarchy have come under huge pressure from fans following their decision to sign up for the four team tournament - which also features Sydney FC and Western Sydney Wanderers - and agree to face Old Firm rivals Celtic in a friendly fixture in November.

Fans staged their latest high-profile demonstration against the trip last weekend as they disrupted the Premiership victory over Dundee on three occasions by launching streamers and tennis balls onto the park and several chants against Rangers' participation in the tournament were once again heard.

King attempted to open up an avenue out of the competition by offering to cover the costs of Rangers backtracking and not sending Giovanni van Bronckhorst and his squad to Sydney during the break for the World Cup later this year.

But chairman Douglas Park has refused the deal - which could have been worth around £3million - as Rangers continue to consider their options following the furious backlash that has piled pressure on the Ibrox board and key executive figures at the club.

Rangers' place in the Super Cup remains in doubt at present and the coming days could provide more clarity on their position at a time when Van Bronckhorst's side are preparing for three huge Old Firm clashes with Celtic and their Europa League quarter-final showdown against Braga next month.